MUMBAI, May 17- Standard& Poor's reiterated its negative outlook on India's credit rating, which is one notch above "junk", warning of the need to follow through on reforms and dealing a blow to a government that had recently pitched for an upgrade.
MUMBAI, May 17- Standard& Poor's reiterated its negative rating outlook on India's credit rating, which is one notch above junk status, warning of risks if the government carries out less reform than the agency says is needed to boost growth. India's benchmark 10- year yield rose 4 basis points to 7.41 percent from levels before the statement.
NEW YORK-- Standard& Poor's Ratings Services said Friday that it assigned a "B" junk-grade status rating to J.C. Penney's new $1.75 billion term loan. J.C. Penney, based in Plano, Texas, has been struggling with weak sales for some time and recent efforts to revitalize the retailer flopped.
By Natalie Harrison and Robert Smith. LONDON, May 3- Europe's dire economy prompted a rate cut this week, but did not derail an indiscriminate hunt for yield, enabling junk rated companies to push boundaries on leverage and sell risky subordinated Payment-In-Kind bonds with apparent ease.
*Balkan nation sells USD3.5bn of bonds despite Moody's move. LONDON, May 3- Slovenia proved its doubters wrong on Thursday when it printed a hugely over-subscribed USD3.5bn bond deal, just two days after a Moody's decision to downgrade its credit rating to junk status forced it to abandon the original transaction in the middle of the execution process.
*Slovenia buys breathing room to pursue reforms. LONDON, May 2- Slovenia borrowed $3.5 billion on international markets on Thursday to shore up its ailing banks and stave off a bailout, bouncing back to finish an issue it had aborted two days earlier after Moody's cut its credit rating to junk.
*Slovenia buys breathing room to pursue reforms. LONDON, May 2- Slovenia borrowed $3.5 billion on international markets on Thursday to shore up its ailing banks and stave off a bailout, bouncing back to finish an issue it had aborted two days earlier after Moody's cut its credit rating to junk.
*Slovenia drops bond issue right before Moody's downgrade. LJUBLJANA, April 30- Slovenia abandoned an attempt to issue bonds and Moody's cut its debt rating to "junk" on Tuesday, dealing a blow to the country's goal of healing its ailing state-owned banks and avoid following Cyprus into the euro zone's emergency room.
*Slovenia drops bond issue right before Moody's downgrade. LJUBLJANA, April 30- Slovenia abandoned an attempt to issue bonds and Moody's cut its debt rating to "junk" on Tuesday, dealing a blow to the country's goal of healing its ailing state-owned banks and avoid following Cyprus into the euro zone's emergency room.
NEW YORK, April 30- Moody's Investors Service on Tuesday cut Slovenia's government bond rating to Ba1 from Baa2, into junk status, and warned more cuts could be on the way. Moody's said the cut came from three factors: the country's banking sector, the crumbling government balance sheet and uncertain funding prospects. The outlook remains negative, Moody's said.
*Moody's leaves Spain on outlook negative. MADRID, April 9- The likelihood that Spain will miss its public deficit target this year leaves its sovereign rating at risk of slipping below investment grade, credit agency Moody's said on Tuesday.
*S&P 500 index within striking distance of record. NEW YORK, April 2- U.S. It's a risk-on move, and we can see that in the equity market gains and in the continued desire to invest in corporate credit and high-yield bonds, " Matthew Duch, portfolio manager at Calvert Investment Management, Inc. in Bethesda, Maryland, said of Tuesday's price moves.
*S&P 500 index within striking distance of record. NEW YORK, April 2- Prices for U.S. It's a risk-on move, and we can see that in the equity market gains and in the continued desire to invest in corporate credit and high-yield bonds, " Matthew Duch, portfolio manager at Calvert Investment Management, Inc. in Bethesda, Maryland, said of Tuesday's price moves.
*Market awaiting U.S. payrolls on Friday. NEW YORK, April 2- Prices of U.S. It's a risk-on move, and we can see that in the equity market gains and in the continued desire to invest in corporate credit and high-yield bonds, " Matthew Duch, portfolio manager at Calvert Investment Management, Inc. in Bethesda, Maryland, said of Tuesday's price moves.
NEW YORK, March 21- Standard& Poor's cut the sovereign long-term foreign currency credit rating on Cyprus deeper into junk status on Thursday, lowering the rating to CCC from CCC-plus as the country struggles with a banking crisis.